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Father Flanagan's Fund For Needy Children

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363680258 ✦ Boys town, NE ✦ Designated as a 501(c)(3)

Overview

What is Father Flanagan's Fund For Needy Children?

Father Flanagan's Fund For Needy Children is a charitable organization based in Boys Town, Nebraska, with the primary mission of managing and investing long-term assets for the benefit of Father Flanagan's Boys Home, an associated 501c3 organization. They hold and invest various forms of property to support the exempt purposes of Father Flanagan's Boys Home. The Fund acts as a trustee, distributing assets directly to the organization or applying them to the fulfillment of Boys Town's objectives.


Is Father Flanagan's Fund For Needy Children legitimate?

Father Flanagan's Fund For Needy Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Father Flanagan's Fund For Needy Children submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Father Flanagan's Fund For Needy Children?
Who is the CEO of Father Flanagan's Fund For Needy Children?
What is the revenue of Father Flanagan's Fund For Needy Children?
Who are the executives of Father Flanagan's Fund For Needy Children and what are their salaries?
Where can I find the form 990 for Father Flanagan's Fund For Needy Children?

Mission Statement of Father Flanagan's Fund For Needy Children

Father Flanagan's Fund For Needy Children is a charitable entity that serves a vital role in supporting the exempt 501c3 organization, Father Flanagan's Boys Home Boys Town. The fund has the authority to acquire, hold, and invest various types of property for the sole benefit of Father Flanagan's Boys Home. It achieves this mission by either transferring assets directly to Boys Town or utilizing its resources to finance the purposes of the organization.

In essence, Father Flanagan's Fund For Needy Children functions as a financial arm for Father Flanagan's Boys Home. It manages and invests the long-term investments of the organization, ensuring its financial stability and enabling it to carry out its charitable objectives more effectively. By doing so, the fund contributes significantly to the wellbeing of the children and young people at Father Flanagan's Boys Home, which strives to make a positive difference in their lives.

Impact

This information is meant to be a general summary of Father Flanagan's Fund For Needy Children. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Father Flanagan's Fund For Needy Children has a significant impact on supporting Father Flanagan's Boys Home Boys Town in its mission to provide essential services and opportunities for children in need. By managing and investing long-term assets, the fund ensures sustainable financial support for Boys Town's programs and initiatives. Through its strategic distribution of funds and investments, Father Flanagan's Fund For Needy Children plays a crucial role in helping Boys Town fulfill its exempt purposes, ultimately positively impacting the lives of many children in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $74,124,333
  • Program Service Revenue: $0
  • Gross Receipts: $1,430,891,159

    • Assets and Liabilities:
  • Total Assets: $985,185,488
  • Total Liabilities: $1,057,790
  • Net Assets: $984,127,698
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Judy F Rasmussen

    Main Address

    14100 Crawford Street - Mod 2, Boys Town, NE, 68010

    NTEE Category

    Code: P11 - Human services

    If you are a representative of Father Flanagan's Fund For Needy Children and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.